You are here

SUBSCRIBERS

Saudi Aramco valuation seen topping US$1 trillion after government cuts tax

Dubai

SAUDI Aramco could have a market value of more than US$1 trillion in an initial public offering (IPO) after the government slashed the oil producer's tax burden to attract investors, analysts at Sanford C Bernstein & Co and Rystad Energy AS said.

The tax cut will increase...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes